– PRESS RELEASE –
ATOZ Services announces the acquisition of ME Business Solutions
ATOZ Services, a Luxembourg-based service provider to alternative funds, has agreed to acquire 100% of ME Business Solutions (MEBS). Completion of this transaction is subject to regulatory approval.
A Luxembourg leader in Governance, MEBS was created in 2008 and has been regulated since 2013 as a Professional of the Financial Sector (PSF) offering Governance, Compliance, Risk Management, and Liquidation Services to over 200 clients worldwide.
MEBS will continue operating autonomously under its brand and in line with its strategy, management, staff and resources whilst benefiting from group synergies with ATOZ Services.
This acquisition is part of ATOZ Services strategy to become a partner of choice in the alternative fund sector. It follows ATOZ Services’ recent acquisition of Fund Solutions, a PSF providing fund administration services, which received regulatory approval earlier this month.
The MEBS acquisition allows ATOZ Services to provide consistent and tailored service offerings to funds and investment fund managers in Luxembourg and abroad.
ATOZ Services offers a comprehensive range of fund administration services to alternative funds as well as corporate and tax compliance services to Luxembourg-domiciled entities managed by these funds. Services include domiciliation, corporate administration, accounting, and tax reporting.
ATOZ Services serves over 1,000 clients, primarily in the alternative asset management, and manages over 4,000 structures. The company employs nearly 200 highly qualified and long-serving staff across its offices in Luxembourg and Morocco.
The acquisitions of MEBS and Fund Solutions align with ATOZ Services’ strategy to expand its service offerings to new and existing clients through a combination of robust organic growth and targeted mergers and acquisitions.
For further information, please contact:
Holly Whatling
Marketing Director, ATOZ
T. +352 26 940 619
M. +352 661 830 131
Email: holly.whatling@atoz.lu
